ETH Bounce?
Updated
Not very familiar with the Gann, but wanted to see if my application of it's 45-degree angles would support this idea.
I think we've seen a bottom to
ETHUSD after seeing a close to full retracement around $165 from ATH's. Either way, I'm bullish with a target on the daily between $234-256 in the upcoming days. On the weekly, the target is looking to be a 2X from here.
I'm long from $171, so giddy up
I think we've seen a bottom to
ETHUSD after seeing a close to full retracement around $165 from ATH's. Either way, I'm bullish with a target on the daily between $234-256 in the upcoming days. On the weekly, the target is looking to be a 2X from here.I'm long from $171, so giddy up
Note
Target 1 hit.Note
Sold half my position to set some lower buy orders around $200 to pad my original entry @ $171.Looking to 350ish as the next leg up as we cross into bullish territory.
Sidenote, I love the Gann.
Note
Gann remains in tact still. Had a low buy around as noted above @ $189. Willmonitor over the next couple of days to see where the markets heading.
Note
Bbands are getting tight on the daily with looks to bounce to ~218ish.The only thing that might push this sideways nonsense a few more days is that the 4hr looks to be very overbought on the toch. Might revisit that a drop to 180ish
I personally don't intraday trade, so will be waiting alongside everyone else to see if we'll be mooned or doomed.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.